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Arabia
Saudi billionaire Prince Al-Waleed freed after 'settlement'
2018-01-28
[DAWN] Saudi billionaire Prince al-Waleed bin Talal was released on Saturday after nearly three months in detention following a "settlement" with authorities, as a sweeping anti-corruption campaign targeting the kingdom's elite winds down.

Prince al-Waleed, dubbed the Warren Buffett of Soddy Arabia
...a kingdom taking up the bulk of the Arabian peninsula. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual hajj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. When the oil runs out the rest of the world is going to kick sand in the Soddy national face...
, was the most high-profile detainee among 350 suspects rounded up since November 4, including business tycoons and ministers, who were held in Riyadh's luxury Ritz-Carlton hotel.

The prince was released following an undisclosed financial agreement with the government, similar to deals that authorities struck with most other detainees in exchange for their freedom.
Posted by:Fred

#1  Wonder how much of this was due to going after 'terrorists' financing?
Posted by: Procopius2k   2018-01-28 08:37  

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